October 25, 2012
There are now 78 operating syndicates at Lloyd’s; 88, including Special Purpose and RITC syndicates. Although no new ones have so far joined Lloyd’s this year; three syndicates have transferred ownership: Hardy, acquired by CNA; Omega, acquired by Canopius, and …
October 25, 2012
Allied World U.S. and Venture Underwriters, Inc. have entered into an agreement to provide a general liability program for commercial contractors. The program will target specialty trade contractors and small general contractors in the Western U.S., specifically in California, Arizona, …
October 25, 2012
Authorities in Mississippi announced this week that a local motorist will spend 12 months in jail for committing insurance fraud. Motorist Johnnetta White was sentenced to three years in the custody of the Mississippi Department of Corrections with two suspended, …
October 25, 2012
A disaster declaration has been expanded to include three regions of Interior Alaska impacted by flooding in late September. The Fairbanks Daily News-Miner reported Gov. Sean Parnell has expanded an earlier declaration for Southcentral Alaska to include the Denali Borough …
October 25, 2012
This year’s wildfire season was among the most destructive on record in Wyoming, with as many as 1,400 wildfires charring more than a half-million acres, state forester Bill Crapser said. Normally Wyoming will see 700 to 750 wildfires in a …
October 25, 2012
Employment in Louisiana increased by a modest 0.8 percent in 2011 compared with 2010, but wages grew by 3 percent during the same period, according to data released by the Louisiana Workforce Commission. The data covers employment and total wages …
October 25, 2012
Energy drinks do not always divulge how much caffeine they contain, and when an amount is listed on a label, it is not always accurate, Consumer Reports magazine has found. According to a study released on Thursday by the magazine, …
October 25, 2012
The state Department of Environmental Quality has approved a deep disposal well permit for a northeast Wyoming uranium mining project. It is the last permit needed by Uranerz Energy Corp. to begin production at its Nichols Ranch uranium facility. The …
October 25, 2012
A Hollywood visual effects specialist fired for reporting on-the-job cocaine use is getting at least $450,000 for wrongful termination. A Los Angeles jury deliberated much of the day Tuesday before returning the verdict in favor of Andrew MacDonald, who sued …
October 25, 2012
A.M. Best Co. has placed under review with negative implications the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” of the subsidiaries of Meadowbrook Insurance Group Inc. (MIGI) of Southfield, Mich., which operate under …